I cannot think of a market that is more dysfunctional in America right now than education. Total student debt topped $1.5tn this year and a Brookings study found that nearly 40 per cent of those borrowers are likely to default on their loans by 2023.
我想不出美国目前还有哪个市场比教育市场更加功能失调。今年,学生债务总额突破1.5万亿美元,布鲁金斯学会(Brookings)的一项研究发现,到2023年,这些借款人中近40%很可能将拖欠债务。
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